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KKB Engineering Bhd (XKLS:9466) Cyclically Adjusted PB Ratio : 1.26 (As of May. 22, 2024)


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What is KKB Engineering Bhd Cyclically Adjusted PB Ratio?

As of today (2024-05-22), KKB Engineering Bhd's current share price is RM1.83. KKB Engineering Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM1.45. KKB Engineering Bhd's Cyclically Adjusted PB Ratio for today is 1.26.

The historical rank and industry rank for KKB Engineering Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:9466' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.03   Max: 1.27
Current: 1.27

During the past years, KKB Engineering Bhd's highest Cyclically Adjusted PB Ratio was 1.27. The lowest was 0.93. And the median was 1.03.

XKLS:9466's Cyclically Adjusted PB Ratio is ranked better than
65.01% of 2072 companies
in the Industrial Products industry
Industry Median: 1.84 vs XKLS:9466: 1.27

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

KKB Engineering Bhd's adjusted book value per share data for the three months ended in Dec. 2023 was RM1.412. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is RM1.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


KKB Engineering Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KKB Engineering Bhd's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

KKB Engineering Bhd Cyclically Adjusted PB Ratio Chart

KKB Engineering Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.15 0.95 1.01

KKB Engineering Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.96 0.93 0.97 1.01

Competitive Comparison of KKB Engineering Bhd's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, KKB Engineering Bhd's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KKB Engineering Bhd's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KKB Engineering Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where KKB Engineering Bhd's Cyclically Adjusted PB Ratio falls into.



KKB Engineering Bhd Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

KKB Engineering Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.83/1.45
=1.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

KKB Engineering Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, KKB Engineering Bhd's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.412/129.4194*129.4194
=1.412

Current CPI (Dec. 2023) = 129.4194.

KKB Engineering Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.091 99.695 1.416
201406 1.071 100.560 1.378
201409 1.076 100.428 1.387
201412 1.108 99.070 1.447
201503 1.211 99.621 1.573
201506 1.197 100.684 1.539
201509 1.184 100.392 1.526
201512 1.169 99.792 1.516
201603 1.161 100.470 1.496
201606 1.123 101.688 1.429
201609 1.122 101.861 1.426
201612 1.107 101.863 1.406
201703 1.101 102.862 1.385
201706 1.073 103.349 1.344
201709 1.092 104.136 1.357
201712 1.113 104.011 1.385
201803 1.118 105.290 1.374
201806 1.105 106.317 1.345
201809 1.132 106.507 1.376
201812 1.161 105.998 1.418
201903 1.173 107.251 1.415
201906 1.155 108.070 1.383
201909 1.230 108.329 1.469
201912 1.306 108.420 1.559
202003 1.333 108.902 1.584
202006 1.350 108.767 1.606
202009 1.332 109.815 1.570
202012 1.315 109.897 1.549
202103 1.352 111.754 1.566
202106 1.361 114.631 1.537
202109 1.359 115.734 1.520
202112 1.389 117.630 1.528
202203 1.397 121.301 1.490
202206 1.353 125.017 1.401
202209 1.356 125.227 1.401
202212 1.380 125.222 1.426
202303 1.391 127.348 1.414
202306 1.366 128.729 1.373
202309 1.399 129.860 1.394
202312 1.412 129.419 1.412

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


KKB Engineering Bhd  (XKLS:9466) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


KKB Engineering Bhd Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of KKB Engineering Bhd's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


KKB Engineering Bhd (XKLS:9466) Business Description

Traded in Other Exchanges
N/A
Address
Bintawa Industrial Estate, Lot 865, Section 66, Jalan Kilang, Kuching, SWK, MYS, 93450
KKB Engineering Bhd is a Malaysia-based company engaged in steel fabrication; civil construction; hot-dip galvanizing; the manufacturing of liquefied petroleum gas (LPG) cylinders; structural steel fabrication for oil & gas facilities; and manufacturing and trading of steel pipes and pipe specials. It operates through two segments namely Engineering and construction; and Manufacturing sectors. The Engineering and construction segment includes civil engineering works and construction, steel fabrication, and hot-dip galvanizing. The Manufacturing segment manufactures LPG cylinders, steel pipes, and related products. It generates a vast majority of its revenue from the engineering and construction segment.

KKB Engineering Bhd (XKLS:9466) Headlines

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